Citibank SMRT Card – MoneySmart Review 2022

Citibank SMRT card Review

You might think that SMRT is the source of all your problems, but that doesn’t mean you should refuse to sign up for the Citibank SMRT Card out of spite. Its name might make it sound like a glorified EZ-Link card, but it’s a decent choice for cashback credit cards available right now on the market.

In fact, its benefits go beyond just MRT-related rebates. It’s one of the few cashback credit cards in Singapore with no minimum spend. Here’s what the Citi SMRT Card has to offer.

Citibank SMRT Card terms & conditions

Citibank SMRT Card
Annual fee & waiver $192.60 (waived for the first two years)
Supplementary annual fee $96.30 (waived for the first two years)
Interest free period 25 days
Annual interest rate 26.90%
Late payment fee $100
Minimum monthly repayment 1% or $50, whichever is higher
Foreign currency transaction fee 3.25%
Cash advance transaction fee 6% or $15, whichever is higher
Overlimit fee $40
Minimum income $30,000 (Singaporean) / $42,000 (non-Singaporean)
Card association Visa
Wireless payment Visa Contactless, Apple Pay, Samsung Pay

The Citi SMRT Card offers $120 cash back as you spend $1,200 in the first 2 months. This welcome offer is valid till 30 November 2021.

Benefits of the Citi SMRT Card

Do you buy groceries at NTUC and go on shopping sprees on ezbuy or Lazada?

If you’ve answered yes to any of the above, congratulations, you’re just like 99.9999% of Singaporeans. The Citibank SMRT Card offers rebates if you hit the min. spend of $500 at the places below. Savings are awarded in SMRT$, which can be redeemed for cash rebate or vouchers.

Here’s a list of cashback benefits you can get with the Citi SMRT Card:

Spending category Cash rebate (spend <$500) Cash rebate (min. spend $500)
Groceries  0.3% 5%
Qualifying online spend
(excludes mobile wallet top-ups)
0.3% 5%
EZ-Link auto top-up or SimplyGo 0.3% 5%
Taxis including private-hire rides (Grab, GoJek, etc) 0.3% 5%

To milk the 5% cash rebate, you’ll want to spend at least $500 with this card. Most of its eligible spend categories are geared towards transportation, which is a bit of a hard sell during lockdown. The main way you’ll be fulfilling that minimum $500 spend is through online shopping and groceries.

Finally, it’d be stupid if an “SMRT Card” didn’t give you decent rebates for taking the MRT, and EZ-Link is indeed one of the cash rebate categories on this card.

When you get the card, it will automatically have EZ-Reload enabled on it, but why would you use that feature when you already have SimplyGo?

Who should use the Citibank SMRT Card?

By now, you should have noticed that many credit cards try to market themselves to the ambitious, aspirational middle class, with the promise that using that piece of plastic will make you look richer and more sophisticated. Many of these cards are also pretty much useless if you’re not dining at fancy restaurants or jet-setting every other day.

That’s where the Citibank SMRT Card differentiates itself. This is a card for basic Singaporeans who are not interested in cultivating an atas lifestyle to impress their peers, and for young and budget-conscious families who appreciate an all-purpose cashback credit card.

The wide range of everyday merchants makes it possibly one of the most practical cash back credit cards out there for cost-conscious Singaporeans looking to cut their expenses further, no matter the age.

The main drawback is that it doesn’t really reward you for some of the more extravagant expenses in life. For instance, air tickets and hotel stays are conspicuously excluded from their cashback offer for online shopping, as are restaurant dining and entertainment.

Alas, the cashback isn’t unlimited. It’s credited in SMRT$ and there’s a cap of $600 a year (average $50/month). It’s quite convenient to convert your SMRT$ to cashback though – you can redeem SMRT$ via SMS.

Citibank logo
No Minimum Spend for Cashback
Cash Back on Eligible Spend
Cash Back Cap per year
Min. Spend per month

Citibank SMRT Card promotions


  • If you’re new to ezbuy, get $10 off with a minimum spend of $20 in a single transaction [Promo code: CITINEW]
  • Valid till 31 Dec 2021


  • If you’re new to Lazada, enjoy $8 off with minimum spend of $20
  • Valid till 31 Dec 2021

GrabFood, Deliveroo, Foodpanda & WhyQ

Alternatives to the Citibank SMRT Card

There are some other cards on the market geared towards lower spenders who’re just looking to get a bit of cashback on their everyday expenses, such as the following.

Maybank Family & Friends Card – New features include cash rebate up to 8% on all restaurant spends in Singapore and Malaysia, as well as data communication and online TV streaming. You also get up to 8% rebate on petrol and grocery shopping (including online grocery stores), selected shopping stores, contactless bus and train rides and taxi and all passenger transportation services (eg. Grab and Gojek). There’s a minimum spend of $800 a month though. Cash rebate is capped at $125/month, made complicated by capping it at $25 per eligible category.

UOB Absolute Cashback Card – This card is possibly THE one to get because it has no minimum spend as well as a generous and “unconditional” 1.7% cashback. Its main downside is that it’s an Amex card, which means that it’s less widely accepted than VISA or MasterCard. That being said, if you do find a merchant that accepts Amex, you’ll probably get more milk out of this card.

UOB logo
MoneySmart Exclusive
LUCKY DRAW | 1.7% Unlimited Cashback
Cash Back on Eligible Spend
Min. Spend per month
Cash Back Cap
MoneySmart Exclusive:

Stand a chance to win a Cartier Santos-Dumont Watch - Large Model, Blue (worth S$6,000) or an Apple 11-inch iPad Air WiFi, 128GB (worth S$899) or a Sony PlayStation 5 SLIM Digital Edition (worth S$669) when you apply and spend a min. of S$1,000 in Eligible Transactions each month for the first two consecutive months from the card approval date. T&Cs apply.
PLUS get S$350 Cash Credit from UOB when you are the first 200 new-to-UOB credit card customers in July 2024 who successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date. T&Cs apply.

Valid until 11 Aug 2024

Citibank Cash Back+ MasterCard – Citi has possibly cannibalised its own Citi SMRT card by coming up with the Citi Cash Back+ MasterCard. It has no minimum spend, 1.6% unlimited cashback across all category spend — this includes online shopping, groceries, transport and dining. The price you pay for it being a MasterCard is 0.1% cashback, because while the UOB Absolute Cashback card offers 1.7% cashback, it’s also Amex, which means it’s not as widely accepted.

Citibank logo
MoneySmart Exclusive
Cash Back on Eligible Spend
Min. Spend per month
Cash Back Cap
MoneySmart Exclusive:

Get UPSIZED CASH REWARDS of S$430* or 5,040 SmartPoints + S$80 Coupon, in as fast as 4 weeks from meeting the S$500 spend criteria! T&Cs apply.
For a limited time, get additional Rewards Rush Hour gifts ON TOP of your baseline gift when you meet the flash deal criteria!

  • Apple Watch Series 9 (GPS), 41mm (worth S$604.50) or
  • Apple 10.9-inch iPad (10th Gen), 64GB (worth S$529) or
  • Sony PlayStation®5 (SLIM) Digital Edition (worth S$669)

Use 5,040 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple 10.9-inch iPad Wi‑Fi 64GB (10th Generation) at only S$110 on top of your earned SmartPoints.

Valid until 23 Jul 2024

HSBC Visa Platinum Credit Card – Get 5% cash rebate on groceries and dining (minimum $600 spend per month for all 3 months in a calendar quarter). Also, get up to 20.2% on petrol at Caltex, and 14% instant petrol discount and up to 5% cash rebates at Shell.

HSBC logo
Earn up to 5% Cash Rebate | Instant Activation*
Cash Back on Dining, Groceries, Petrol
Cash Rebate Cap per quarter
Min. spend monthly in a calendar quarter

Do you have the Citibank SMRT Card? Share your reviews in the comments!